ZOZO, Inc.

It is time to start the first quarter financial results announcement of Zozo for FY2023 ending in March 2024. We will only be offering live streaming this time. We plan to have the session until 5.35 p.m. And after that, we will have a Q&A session with institutional investors. On a separate Zoom channel from 5.50 p.m., I would like to introduce the presenter, director, executive vice president, and CFO, Koji Yanagisawa.

Now, CFO Yanagisawa will take you through the business results.

Hello. I'd like to walk you through the first quarter earnings results of FY23 ending in March 2024. And by the way, the presentation document we will be using today has already been uploaded to the IR page of our website, so please take a look. So under the theme of clear and approachable in the financial results documents of this fiscal year, we decided to have our characters walk you through the key points, like what we'd like you to pay attention to, and the background of the ups and downs of the graphs. And to make it approachable, here and there, we inserted information that describes who we are, so I hope you enjoy it. So I'm wearing the satire and this is the same costume that my character is wearing too. Okay, let's jump right in. Here are the highlights of this quarter.